Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

OIL to ISK Converter and calculator

OIL/ISK: 1 OIL = 0.00 ISK. The price of converting 1 Petroleum OIL (OIL) to Icelandic Króna (ISK) is 0.00 ISK today.
OIL
OIL
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides OIL to ISK real-time exchange rates, making it easy to convert Petroleum OIL (OIL) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 OIL is currently valued at 0 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OIL is currently valued at 0 ISK, which means buying 5 OIL would cost 0 ISK. Similarly, kr1 ISK can be converted to Infinity OIL, and kr50 ISK can be converted to Infinity OIL, excluding any platform or gas fees.

Convert OIL to ISK

Convert ISK to OIL

Petroleum OIL
Icelandic Króna
In the table above, you'll find a comprehensive OIL to ISK converter that shows the value of Petroleum OIL in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 OIL to ISK, all the way up to 10000 OIL, providing a clear view of their respective values.
Icelandic Króna
Petroleum OIL
100000 ISK
Infinity OIL
In the table above, you'll find a comprehensive ISK to OIL converter that shows the value of Icelandic Króna in Petroleum OIL across commonly used conversion amounts. The list covers conversions from 1 ISK to OIL, all the way up to 100000 ISK, providing a clear view of their respective values.

OIL to ISK chart

OIL/ISK: 1 OIL = 0 ISK; 2025/04/26 18:16:24
In the past 1D, Petroleum OIL has changed -0.00% to ISK. Based on the trend and price charts, Petroleum OIL(OIL) has changed -0.00% to ISK while Icelandic Króna(ISK) has changed % to OIL in the last 24 hours.
1D7D1M3M1YAll

OIL to ISK conversion data: Volatility and price changes of Petroleum OIL in ISK

The highest Petroleum OIL price in ISK over the past 7 days was 36.39 ISK while the lowest Petroleum OIL price in ISK over the past 7 days was 35.4 ISK. The relative change between the highs and lows in Petroleum OIL price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and OIL to ISK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
36.34 ISK
36.39 ISK
41.22 ISK
42.15 ISK
Low
36.32 ISK
35.4 ISK
33.76 ISK
33.76 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
-0.00%
+2.61%
-11.81%
-6.39%

Petroleum OIL information

OIL to ISK market statistics

OIL/ISK:
--
OIL 24h volume:
--
OIL market cap:
--
OIL circulating supply:
0 OIL

Current OIL to ISK exchange rate

Petroleum OIL to Icelandic Króna is rising this week.
Petroleum OIL's current market price is kr0 per OIL, with a total market cap of kr0 ISK based on a circulating supply of -- OIL. The trading volume of Petroleum OIL has changed by 0.00% (kr0 ISK) in the last 24 hours. Last trading day, OIL's trading volume was kr0.

More info about Petroleum OIL on Bitget

Icelandic Króna information

About the Icelandic Króna (ISK)

What Is the Icelandic Króna (ISK)?

The Icelandic Króna, abbreviated as ISK and often denoted by the currency sign “kr”, is the official currency of Iceland. The Icelandic Króna is a unique currency, given that Iceland is one of the smallest countries by population to have its own currency and monetary policy. The Icelandic Króna is the sole legal tender in Iceland, and it is used for all transactions within the country.

The Iceland Krona is issued by the Central Bank of Iceland (Seðlabanki Íslands). The Central Bank is responsible for the production and distribution of the currency, as well as for managing Iceland's monetary policy and maintaining the stability of the króna.

What Is the History of ISK?

The króna's roots trace back to the Scandinavian Monetary Union, drawing its name from the Latin word 'corona' meaning 'crown'. Initially, Iceland used the Danish krone, but started issuing its own banknotes in 1885. The Icelandic króna became distinct from the Danish krone after World War I and Icelandic sovereignty in 1918. Due to high inflation, the króna was revalued in 1981, with 100 old króna (ISJ) equating to 1 new króna (ISK).

Notes and Coins of ISK

The Icelandic Króna (ISK) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 1 króna, 5 krónur, 10 krónur, 50 krónur, and 100 krónur. The Central Bank of Iceland issues notes in denominations of 500 krónur, 1000 krónur, 2000 krónur, 5000 krónur, and the highest value of 10,000 krónur.

Is ISK a Stable Currency?

The Icelandic Króna (ISK) has historically been subject to considerable volatility, reflecting the challenges of maintaining currency stability in a small, open economy. Particularly impacted by the 2008 financial crisis, the króna saw a dramatic devaluation, with the exchange rate plummeting from about 90 króna to the euro at the start of 2008 to around 340 króna to the euro by the end of the year. This instability was a direct consequence of the collapse of Iceland's banking sector, which underscored the currency's vulnerability to global economic shifts. Moreover, the króna's value against major currencies like the US Dollar has also been prone to significant fluctuations. For instance, in the first half of 2006, the exchange rate ranged between 50 and 80 króna per US Dollar, but by late 2008, it had depreciated to approximately 135 króna per Dollar. These examples highlight the challenges faced by the Central Bank of Iceland in stabilizing a currency heavily influenced by external economic factors and the dynamics of Iceland's tourism and fisheries-dependent economy.

Is ISK Pegged to EUR?

No, the Iceland Krona (ISK) is not pegged to the Euro. Iceland maintains its own independent currency and monetary policy through the Central Bank of Iceland (Seðlabanki Íslands). The value of the Icelandic króna is determined by the foreign exchange market, meaning it is subject to fluctuations based on market dynamics, rather than being fixed or pegged to the Euro or any other currency.

Will Iceland Adopt the Euro as Its Currency?

As of January 2024, Iceland had not made any definitive plans to adopt the Euro as its official currency. The consideration of adopting the Euro is intertwined with the broader issue of European Union (EU) membership, which Iceland has approached with caution. Following the severe impact of the 2008 financial crisis on the Icelandic economy and the Icelandic Króna (ISK), there was increased discussion about the potential benefits of Euro adoption, such as enhanced economic stability and reduced currency volatility. However, such a move would require Iceland to cede control over its monetary policy to the European Central Bank, a significant concession for a country that values its economic sovereignty. Additionally, public opinion in Iceland has been divided on this issue, reflecting concerns about national independence and the implications for key sectors like fisheries.

Bitget crypto-to-fiat exchange data shows that the most popular Petroleum OIL currency pair is the OIL to ISK, with for Petroleum OIL's currency code being OIL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ISK.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94377.00 USD
popular info ethereum
ETH to USD
1 ETH to 1806.87 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 149.38 USD
popular info bitcoin
BTC to EUR
1 BTC to 82778.07 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70886.56 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131051.90 CAD
popular info bitcoin
BTC to BRL
1 BTC to 537042.88 BRL
popular info bitcoin
BTC to INR
1 BTC to 8058351.83 INR
popular info pi-network
PI to INR
1 PI to 55.52 INR

Hot promotions

How to convert OIL to ISK

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert OIL to ISK
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy OIL (or USDT) for ISK (Icelandic Króna) offers
Bitget P2P trading does not currently support direct buying of OIL with ISK. However, you can buy USDT in Bitget P2P trading first, and then buy OIL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Petroleum OIL Converter

popular info New Taiwan dollar
OIL to TWD
1 OIL to NT$0 TWD
popular info Chinese Yuan
OIL to CNY
1 OIL to ¥0 CNY
popular info Icelandic Króna
OIL to ISK
1 OIL to kr0 ISK
popular info United States Dollar
OIL to USD
1 OIL to $0 USD
popular info Euro
OIL to EUR
1 OIL to €0 EUR
popular info Canadian Dollar
OIL to CAD
1 OIL to C$0 CAD
popular info South Korean Won
OIL to KRW
1 OIL to ₩0 KRW
popular info Japanese Yen
OIL to JPY
1 OIL to ¥0 JPY
popular info Pound Sterling
OIL to GBP
1 OIL to £0 GBP
popular info Brazilian Real
OIL to BRL
1 OIL to R$0 BRL

Popular cryptocurrencies to ISK

other assets OFFICIAL TRUMP
TRUMP to ISK
1 TRUMP to kr1,965.89 ISK
other assets Alpaca Finance
ALPACA to ISK
1 ALPACA to kr38.47 ISK
other assets Turbo
TURBO to ISK
1 TURBO to kr0.7085 ISK
other assets Bonk
BONK to ISK
1 BONK to kr0.002406 ISK
other assets Virtuals Protocol
VIRTUAL to ISK
1 VIRTUAL to kr136.54 ISK
other assets Worldcoin
WLD to ISK
1 WLD to kr146.25 ISK
other assets Brett (Based)
BRETT to ISK
1 BRETT to kr8.71 ISK
other assets TRON
TRX to ISK
1 TRX to kr32.31 ISK
other assets NEM
XEM to ISK
1 XEM to kr3.21 ISK
other assets Pepe
PEPE to ISK
1 PEPE to kr0.001170 ISK

OIL to ISK Conversion tables

The exchange rate of Petroleum OIL is decreasing.
The exchange rate of 1 OIL to Icelandic Króna has changed by +2.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.00%, reaching a high of 36.34 ISK and a low of 36.32 ISK . One month ago, the value of 1 OIL was kr4.87 ISK , which represents a -11.81% change from its current value. Over the last year, Petroleum OIL has changed by
+kr
36.33ISK
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount18:16 today24 hours ago24h change
0.5 OILkr0kr0.0006666
-0.00%
1 OILkr0kr0.001333
-0.00%
5 OILkr0kr0.006666
-0.00%
10 OILkr0kr0.01333
-0.00%
50 OILkr0kr0.06666
-0.00%
100 OILkr0kr0.1333
-0.00%
500 OILkr0kr0.6666
-0.00%
1000 OILkr0kr1.33
-0.00%

OIL to ISK FAQ

How much is 1 Petroleum OIL in ISK?
Right now, the price of 1 Petroleum OIL (OIL) in Icelandic Króna (ISK) is kr0.
How much OIL can I buy for 1 ISK?
Based on the current exchange rate, you can get Infinity OIL for 1 ISK.
How do I calculate or convert OIL to ISK?
You can use our OIL to ISK calculator at the top of this page to convert any amount of OIL to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to Infinity OIL, while 5 OIL will cost around 0.00ISK.
What is the highest price of OIL/ISK in history?
The all-time high price of 1 OIL in ISK is kr1,323.57. It remains to be seen if the value of 1 OIL/ISK will exceed the current all-time high.
What is the price trend of Petroleum OIL in ISK?
Over the past 7 days, the exchange rate of Petroleum OIL (OIL) has gone up by 2.61%.   Over the last month, the exchange rate of Petroleum OIL (OIL) has gone down by 11.81% against Icelandic Króna (ISK).

What factors influence the conversion rate of OIL to ISK?

There are many factors that affect the relationship between Petroleum OIL and Icelandic Króna, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of OIL/ISK. When there is positive news in the market about the widespread adoption of OIL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OIL/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OIL/ISK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of OIL/ISK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Petroleum OIL and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.